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Flex Valuation Multiples
Discover revenue and EBITDA valuation multiples for Flex and similar public comparables like GlobalFoundries, GigaDevice Semiconductor, Chroma ATE, Asia Vital Components and more.
Flex Overview
About Flex
Flex Ltd is a contract manufacturing company providing comprehensive electronics design, manufacturing, and product management services to electronics and technology companies. The company's operating segments include Flex Agility Solutions (FAS) and Flex Reliability Solutions (FRS). Flex Agility Solutions segment includes markets such as Communications, Enterprise and Cloud; Lifestyle; and Consumer Devices. Flex Reliability Solutions segment includes markets such as Automotive, Health Solutions, and Industrial.
Founded
1990
HQ
Employees
148.0K
Website
Financials (LTM)
EV
$32B
Flex Financials
Flex reported last 12-month revenue of $27B and EBITDA of $2B.
In the same LTM period, Flex generated $3B in gross profit, $2B in EBITDA, and $1B in net income.
Revenue (LTM)
Flex P&L
In the most recent fiscal year, Flex reported revenue of $26B and EBITDA of $2B.
Flex expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $27B | XXX | $26B | XXX | XXX | XXX |
| Gross Profit | $3B | XXX | $2B | XXX | XXX | XXX |
| Gross Margin | 9% | XXX | 8% | XXX | XXX | XXX |
| EBITDA | $2B | XXX | $2B | XXX | XXX | XXX |
| EBITDA Margin | 8% | XXX | 7% | XXX | XXX | XXX |
| EBIT Margin | 6% | XXX | 6% | XXX | XXX | XXX |
| Net Profit | $1B | XXX | $1B | XXX | XXX | XXX |
| Net Margin | 4% | XXX | 4% | XXX | XXX | XXX |
| Net Debt | — | — | $1B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Flex Stock Performance
Flex has current market cap of $30B, and enterprise value of $32B.
Market Cap Evolution
Flex's stock price is $81.83.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $32B | $30B | 2.4% | XXX | XXX | XXX | $2.87 |
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Start Free TrialFlex Valuation Multiples
Flex trades at 1.2x EV/Revenue multiple, and 14.3x EV/EBITDA.
EV / Revenue (LTM)
Flex Financial Valuation Multiples
As of April 18, 2026, Flex has market cap of $30B and EV of $32B.
Equity research analysts estimate Flex's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Flex has a P/E ratio of 24.4x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $30B | XXX | $30B | XXX | XXX | XXX |
| EV (current) | $32B | XXX | $32B | XXX | XXX | XXX |
| EV/Revenue | 1.2x | XXX | 1.2x | XXX | XXX | XXX |
| EV/EBITDA | 14.3x | XXX | 16.8x | XXX | XXX | XXX |
| EV/EBIT | 18.4x | XXX | 22.0x | XXX | XXX | XXX |
| EV/Gross Profit | 12.3x | XXX | 14.8x | XXX | XXX | XXX |
| P/E | 24.4x | XXX | 28.5x | XXX | XXX | XXX |
| EV/FCF | 29.3x | XXX | 29.8x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Flex Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
Flex Margins & Growth Rates
Flex's revenue in the last 12 month grew by 6%.
Flex's revenue per employee in the last FY averaged $0.2M, while opex per employee averaged $0.0M for the same period.
Flex's rule of 40 is 15% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Flex's rule of X is 24% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Flex Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 6% | XXX | 6% | XXX | XXX | XXX |
| EBITDA Margin | 8% | XXX | 7% | XXX | XXX | XXX |
| EBITDA Growth | 9% | XXX | 17% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 15% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 24% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.0M | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 4% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Flex Public Comps
See public comps and valuation multiples for other Computer Hardware and Electronic Components comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Flex | XXX | XXX | XXX | XXX | XXX | XXX |
| GlobalFoundries | XXX | XXX | XXX | XXX | XXX | XXX |
| GigaDevice Semiconductor | XXX | XXX | XXX | XXX | XXX | XXX |
| Chroma ATE | XXX | XXX | XXX | XXX | XXX | XXX |
| Asia Vital Components | XXX | XXX | XXX | XXX | XXX | XXX |
| Credo Technology Group | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Flex M&A Activity
Flex acquired XXX companies to date.
Last acquisition by Flex was on XXXXXXXX, XXXXX. Flex acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Flex
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialFlex Investment Activity
Flex invested in XXX companies to date.
Flex made its latest investment on XXXXXXXX, XXXXX. Flex invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Flex
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Flex
| When was Flex founded? | Flex was founded in 1990. |
| Where is Flex headquartered? | Flex is headquartered in United States. |
| How many employees does Flex have? | As of today, Flex has over 148K employees. |
| Who is the CEO of Flex? | Flex's CEO is Revathi Advaithi. |
| Is Flex publicly listed? | Yes, Flex is a public company listed on Nasdaq. |
| What is the stock symbol of Flex? | Flex trades under FLEX ticker. |
| When did Flex go public? | Flex went public in 1987. |
| Who are competitors of Flex? | Flex main competitors are GlobalFoundries, GigaDevice Semiconductor, Chroma ATE, Asia Vital Components. |
| What is the current market cap of Flex? | Flex's current market cap is $30B. |
| What is the current revenue of Flex? | Flex's last 12 months revenue is $27B. |
| What is the current revenue growth of Flex? | Flex revenue growth (NTM/LTM) is 6%. |
| What is the current EV/Revenue multiple of Flex? | Current revenue multiple of Flex is 1.2x. |
| Is Flex profitable? | Yes, Flex is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Flex? | Flex's last 12 months EBITDA is $2B. |
| What is Flex's EBITDA margin? | Flex's last 12 months EBITDA margin is 8%. |
| What is the current EV/EBITDA multiple of Flex? | Current EBITDA multiple of Flex is 14.3x. |
| What is the current FCF of Flex? | Flex's last 12 months FCF is $1B. |
| What is Flex's FCF margin? | Flex's last 12 months FCF margin is 4%. |
| What is the current EV/FCF multiple of Flex? | Current FCF multiple of Flex is 29.3x. |
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